My ongoing theme is always the truth, as I see it, and the exposure of lies, deception and manipulation wherever they exist. I remain firmly convinced that the world can no longer resist its innate urge to unite and co-operate with one another and we are very close to the point where war can no longer be an option if this transformation is to occur. Website: allenroland.com Email: allen@allenroland.com

Sunday, June 24, 2012

Jamie Dimon’s gold embossed presidential seal cuff links, a gift
from the president, are a blatant reminder that Obama plays lead to Jamie Dimon and
the fat cats ~ who obviously control America: Allen L Roland

Forbes
rates JP Morgan Chase CEO Jamie Dimon as the 41st most powerful
person in the world with annual earnings of almost 21 million.

So when
Jamie Dimon waltzed into the Congressional hearings last week sporting his gift
Presidential seal gold embossed cuff links from President Obama ~ it was a not so subtle in-your-face statement to congress and
the American people of who not only owns but is in charge of America.

Ellen Brown cuts to the quick with
her recent brilliant analysis ~ The US Senate won’t touch Jamie Dimon
because JPM derivatives prop up US Debt;

“ What is going on with this panel of senators?” asked Jon Stewart. “They’re
sucking up to Jamie Dimon like they’re on JPMorgan’s payroll.” The
explanation in a news clip that followed was that JPMorgan Chase is the biggest
campaign donor to many of the members of the Banking Committee.That is one obvious answer, but financial analysts Jim Willie and Rob
Kirby think it may be something far larger, deeper, and more ominous…. The
national debt is growing at $1.5 trillion per year. Ultra-low interest rates
MUST be maintained to prevent the debt from overwhelming the government
budget. Near-zero rates also need to be maintained because even a
moderate rise would cause multi-trillion dollar derivative losses for the
banks, and would remove the banks’ chief income stream, the arbitrage afforded
by borrowing at 0% and investing at higher rates.The low rates are maintained by interest rate swaps,
called by Willie a “derivative tool which controls the bond market in a
devious artificial manner.” Kirby contends that the only organization large enough to act as
counterparty to some of these trades is the U.S. Treasury itself. He
suspects the Treasury’s Exchange Stabilization Fund, a covert entity without
oversight and accountable to no one. Kirby also notes that if
publicly-traded companies (including JPMorgan, Goldman Sachs, and Morgan
Stanley) are deemed to be integral to U.S. national security (meaning
protecting the integrity of the dollar), they can legally be excused from
reporting their true financial condition. They are allowed to keep two
sets of books.Interest
rate swaps are now over 80 percent of the massive
derivatives market, and JPMorgan holds about $57.5 trillion of them. Without
the protective JPMorgan swaps, interest rates on U.S.
debt could follow those of Greece
and climb to 30%. CEO Dimon could, then, indeed be “the guy in charge”:
he could be controlling the lever propping up the whole U.S. financial system.”.

Ellen Brown asks the key
question ~ Is there no alternative but to succumb to the Mafia-like Wall
Street protection racket of a covert derivatives trade in interest rate swaps?“ As Willie and Kirby observe, that scheme itself must ultimately fail, and
may have failed already. They point to evidence that the JPM losses
are not just $3 billion but $30 billion or more, and that JPM is actually
bankrupt ; The derivatives casino itself is just a last-ditch attempt to prop up a
private pyramid scheme in fractional-reserve money creation, one that has
progressed over
several centuries through a series of “reserves” ~ from gold, to
Fed-created “base money,” to mortgage-backed securities, to sovereign debt
ostensibly protected with derivatives. We’ve seen that the only real
guarantor in all this is the government itself, first with FDIC insurance and
then with government bailouts of too-big-to-fail banks. If we the
people are funding the banks, we should own them; and our national currency
should be issued, not through banks at interest, but through our own sovereign
government.”See full article:http://webofdebt.wordpress.com/2012/06/19/why-the-senate-wont-touch-jamie-dimon-jpm-derivatives-prop-up-u-s-debt/#more-3936

“The swap market lacks necessary street
lamps,” he said. “I think the American public
still isn’t safe on these roads until we get the rules of the road in place. I
think the America
public was bystanders to taking on excessive risk in 2008, and we still have
been.”

We are all being played for suckers but If you
think things are dangerous here ~ take a look
at the Euro zone through the eyes of UKIP Nigel Farage ~ who rightfully
calls the whole thing a giant Ponzi scheme. Here’s U.K. Independence Party
Leader Nigel Farage discussing the causes of the financial crisis in Europe as well as the inadequacy ofits present
leadership .6 minute videohttp://youtu.be/zTN7hL5fgWo

So there you have it, the global economic and monetary system is coming apart at
the seams, the Banksters, both here and abroad, can no longer hide from the
truth that Jamie Dimon and the fat cats own
America as well as President Obama and congress ~ and that bailing out the banks always ends with tax payers paying the
bill.

And speaking of taxpayers ~ where does half of the money that
the IRS siphons off from the paychecks of its citizens in taxes every year go?

It's the war machine and a subject
that the financial news media is strangely
silent about.

Allen L
Roland is a practicing
psychotherapist, author and lecturer who also shares a daily political and
social commentary on his weblog
and website allenroland.com
He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.net

Saturday, June 16, 2012

Death is inevitable but when it suddenly takes away a young shining
light, as it did my granddaughter Kaitlyn through a tragic accident, it is an
instant reminder that we are all put here a little time to sing our song and
bear the beams of love: Allen L Roland

Death is a tall dark stranger ~ who always arrives when you
least expect it.

Its cold forbidding presence rides on the chariot of the
unknown.

However, beneath its
ominous gray shroud beats an all encompassing heart for death is but a passage
within a loving plan in action ~ a loving plan that exists beyond time and
space ~ a flimsy curtain between our present
reality and a state of soul consciousness ( the Unified Field) that is hidden fromus until we raise that curtain of fear.

Thus those who we love deeply not only live in our hearts
but become part of us forever ~ as my late granddaughter Kaitlyn most certainly
lives in my heart.

When I
first heard last week of her tragic accidental death from my tearful son ~ I
felt as if a light had just gone out in the small galaxy of my loved ones ~ and at only 22 years old.

I really
did not know her that well for she was born in 1990 in Washington
state and after my daughter went through a painful divorce ~ she lived with her
dad’s family in the Spokane
area.

I saw her
less than five times in her brief time on this planet but I was always touched
by her radiant spirit and light. The Tri-city
Herald reaffirmed this spirit in their news story last week ; “
Current and former members of the Heatwave Dance Team at Southridge High School
gathered Tuesday to remember one of their own who was killed in an accident in
Spokane.

Southridge dance coach
Liz Stiles said Kaitlyn Rebstock was a talented dancer and passionate leader
who touched two generations of the team ~ through her own participation
from 2004-08 and more recently when one of her younger sisters joined the team.

Rebstock, 22, died early
Tuesday, and by afternoon, word spread to classmates and friends who came to
the school to share their memories and their loss.

"A lot of the kids
(from her class) are back from college and they all wanted to be
together," Stiles told the Herald. "She impacted so many
people."

Spokane police said it appeared Rebstock
returned home from work about midnight and parked her car at the top of a steep
driveway.Police believe the car
rolled backward and Rebstock was pinned underneath when she tried to stop it. She died at the scene,
said the Spokane
Medical Examiner's Office.

Rebstock graduated from
Southridge in 2008 and made the honor roll several times, Herald archives
showed.

She was a member of the
Heatwave Dance Team, which won a state dance title as well as the 3A
Division Hip Hop Dance title while Rebstock was on the team.

Her mother, Wendy White,
and grandmother, Patty White, run The Dance Class studio in Richland.

Stiles said Rebstock was
a leader who inspired and motivated her teammates and was well-loved by
classmates.

"She was a
beautiful girl. This is an incredible loss," Stiles said. "From 2004
to now, she has been a part of the school. That's a lot of Southridge students
connected to her. She was an extremely talented, kind, giving girl."

Kaitlyn was
a dancer and when she danced she became a transcendent star whose light touched
everyone ~ she was obviously singing and
celebrating her own song.

In
that regard, we all have a song to sing and eventually true
happiness is defined by whether you are singing your own song or someone else's
song.

Most people
die with their music still locked up inside them because they never said yes to
themselves or allowed themselves to be
controlled by fear ~ but Kaitlyn was obviously saying
yes to herself.

Singing and
celebrating your own song is the ultimate act of love for in singing
your own song you become part of a divine chorus
which has been patiently waiting for your part ~ and,
in so doing, you’re in service from a place of celebration.

Kaitlyn
said yes to herself, sang and celebrated her song and made a difference before
she unexpectedly and tragically passed on ~ but I’m sure she is now dancing her
hip hop and spreading her magic in a much larger universal stage. For she is
now fully in a state of soul consciousness, that exists beyond time and space, and in a profound deep personal way
I feel even closer to her.

In
that spirit ~ here’s a two minute video of Kaitlyn performing with the Heat wave crazy
legs dance team at their homecoming game in 2010.

Allen L Roland is a practicing
psychotherapist, author and lecturer who also shares a daily political and
social commentary on his weblog
and website allenroland.com
He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.net

Wednesday, June 13, 2012

I have always dared to think the seemingly
impossible and many times I have been right but I have always sensed that our
universe has been continually cycling through a pattern of plurality, union and
a resultant burst of energy into something far more complex and conscious ~ and
always fueled by love and the universal propensity to unite: Allen L Roland

With the world economies mired in depression and debt and the American military
machine cranking up for Syria and Iran ~ I look to nature as well as deep space
for reminders that we are innately part of something far greater than ourselves
or as William Blake said “We
are put on earth a little space to bear the beams of love.”

In July,
2009 , NASA released what it called the most vivid snapshot of the infant
universe ever taken, captured with such
stunning detail that it may be one of the most significant scientific
achievements of recent years.

It appears to answer long-standing questions
about the age, composition and evolution of the universe as gathered by scientists using NASA's Wilkinson
Microwave Anisotropy Probe, a satellite orbiting 1 million miles from Earth,
during a 12-month observation of the entire sky.

Now it appears that scientists have seen
evidence of a time before the Big Bang, and perhaps a
verification of the idea of the cyclical universe.

One of the great physicists of our time, Roger Penrose from the University of Oxford,
published a new paper saying “ that the circular patterns seen in the WMAP
mission data on the Cosmic Microwave Background suggest that space and time perhaps
did not originate at the Big Bang but that our universe continually cycles
through a series of “aeons,” and we have an eternal, cyclical cosmos….and
that each “Big Bang” marked the start of a new aeon, and our universe is
just one of many in a cyclical Universe, starting a new universe in place of
the one before.”See article ~ http://beforeitsnews.com/story/2143/907/Eternal,_Cyclical_Universe_-_Evidence_of_Activity_Before_Big_Bang.html

But note how similar this is to Teilhard de Chardin’s Law of
Complexity Consciousness except on a much grander scale ~

Whereas Einstein was concerned with the without of things, Teilhard was concerned
with the within of things. Teilhard used the
term "within"
to denote the psychic face or consciousness of matter ~ since the beginning of
time ~ which reveals
itself in its innate urge to unite.

Teilhard defines this
innate urge to unite as an energy force in his famous Law Of Complexity -
Consciousness. The law states two principles:

1. Throughout all
time there has been an evolutionary tendency for all matter to unite and become
increasingly complex in nature.

2. With each increase
in material complexity, there is a related rise in the consciousness of matter and
an even greater urge to unite.

Teilhard divided this
fundamental energy into two distinct components ~ a Tangential energy which
linked the element with all others of the same order and a Radial energy
which represented the innate urge toward union and greater complexity as well
as a leap in consciousness.

It is this Radial energy
in matter, this deep urge towards union and completion, which eventually
manifests itself as LOVE.

As such, Teilhard's Radial
energy is one in the same with what I call a state of Soul Consciousness and
TheUnified Field. A state of love and
soul consciousness that exists not only beyond time and space but also deepest
within ourselves ~ and whose principle property is the universal urge to
unite.

If we compare this with Darwin's evolutionary theory, Darwin's only error was to
substitute matter for spirit as the motivating force of the Universe.
For it becomes increasingly clear, in light of this innate urge to unite, that
man is the product of an evolution of love. From the pre-atomic stage in the
depths of the primordial sea to his present ' hominized ' state ~ man is the
product of a seemingly endless evolution within a loving plan of plurality,
union and a resultant energy transformation into something more complex, more
conscious and more loving.

So why wouldn’t the
same thing be happening on a galactic and universal level?

Guess what ~
it is! Even on the molecular level !

The Initial
findings of the Large Hadron
Collider near Geneva, Switzerland unexpectedly revealed
last year that the emerging collision particles seem to fly in the same
direction which indicates an internal structure or consciousness, which, I
would claim, is a Unified Field of love and connectedness whose principle
property is the universal urge to unite. See article ~ http://allenlrolandsweblog.blogspot.com/2011/02/hadron-collider-reveals-universal-urge.html

Only our individual and collective state of ego
consciousness (the need to control and dominate others) stands in the
way of our awareness of not onlya
loving plan in actionbut each of our individual
parts in that loving plan ~ which becomes obvious
when seen from outer space.

Here is a photo
of our planet from
Voyager I on February 14, 1990 as
it sailed away from Earth, more than 4 billion miles in the distance, having completed its primary mission ~ but not
before Carl Sagan signaled the space vehicle
to turn its camera and take one last photo of that pale blue dot we all live
on, called earth.Our planet was caught
in the center of one of the scattered light rays resulting from taking the
image so close to the Sun. Voyager 1 is the last spacecraft to have departed
our solar system with a functional camera.

Our
Sun, which is
4.7 billion years old, is located 26,000 light-years away from the galactic
center on one of the spiral arms of our galaxy ~ the Milky Way.It is a location considered more
suitable than others for harboring life, in part because the central region
is too chaotic, and in part because the concentration of metals there is too
heavy, and it’s too light in the galaxy’s outer fringes.

The
Sun makes one complete orbit around the galaxy about once every 225 million
years. In
contrast, stars near the galactic center complete a lap in a few million years
or less. These stars as a group tend to be younger than the galactic average,
most ranging in age from 1 billion to 10 billion years old

Most of our
galaxy is relatively uncrowded ~ the nearest star to our Sun, for example,
is 4.2 light-years away. But roughly 10 million stars are known to orbit within
a light-year of the galaxy's center.

As Sagan said ~ “The Earth is a very small stage in a
vast cosmic arena, a lonely spec in the cosmic darkness “ but I maintain
we are an integral part of something far greater than ourselves and love is the
door we must open to experience this universal state of soul consciousness.

In other words, to fully blossom we must fully love:“ The sun knows
itself insofar as it knows other stars, as we know and become ourselves through
other humans. Our realization of the stars in the galaxy is a function of the
galaxies’ consciousness. How can we posit a dead universe when we ourselves are
alive? There is no bloom on a dead stem!” Rowena Pattee ( Our
living Earth: A vision of our Relationship with Nature )

Science
will surely remain one-eyed and lacking in depth-perception until it
acknowledges the equal validity of subjective, sensory and spiritual
experience. And it will continue to record the letter of mere mechanics, and
miss the true spirit that brings it all to life, until it comes to
recognize the universal urge to unite, even within the molecule itself, as being the universal attractive force of love.

No one
describes this scientific impasse more tellingly than Lincoln Barnett, author
of The Universe and Dr. Einstein:

"A
theoretical concept is emptied of content to the degree that it is divorced from sensory
experience ~ for the only world man can truly know is the world created for him
by his senses. Beyond that point he stares into the void.”

We are
rapidly reaching the point where psychology, science and religion are all
becoming aware of thegrowing need for a radical
empiricism.

One
of the biggest surprises revealed in the data of the first cosmic portrait of
the birth of the universe is that the first generation of stars to shine in the
Universe ignited only 200 million years after the Big Bang, which is much
earlier than many scientists had expected.

In addition,
the new portrait precisely pegs the age of the Universe at 13.7 billion years
old, with a remarkably small one percent margin of error.

When we observe
the red shift of galaxies outside our local group, every galaxy appears to be
moving away from us. We are therefore led to the conclusion that our
Universe is expanding. This is called Hubble
expansion, after Edwin Hubble, who discovered the
phenomenon in 1929.

But as the Universe
expands is it, in reality, feeling an increasing innate urge to unite?

Yes,
all those Galaxies in our expanding universe are awaiting
their innate call to union ~ as the millions of people on our
expanded crowded planet are also awaiting our
innate call to union.

Then, what is
the call?

The call, quite
simply, is loveor the innate universal urge to unite.

Let me use
the findings of the recent Nobel Prize
winning researchers, Politzer, Gross and Wilczek, to prove my point.

They won
the 2004 Nobel prize in physics for their studies of the “strong Force “~the powerful and mysterious energy that
holds the nuclei of atoms together.

They
explained the mystifying qualities of the strong
force, which holds together the fundamental building blocks of nature, called
QUARKS, to form protons and neutrons
~ two of the basic components of atoms.

Now,
this is when it gets interesting.

Independently,
they developed the theory and the mathematical equations to show that
Quarks are held together by the strong
forcewhich, unlike any other force in the
universe, gets stronger as the
quarks get farther apart ~ a concept now known as “AsymptoticFreedom “.

The
simplest analogy is to a rubber band encircling two objects.

When the
objects are close together, the rubber band fits loosely. But as they are
drawn apart, the rubber band stretches, eventually trying to pullthem back together.

Now, here is
my take on these findings as applied to my Unified Field of Love and Soul
Consciousness.

The strong force in the atom is the urge to unite which is
the principle property of myUnified Field.

It is the
same urge to unite that Bose and Einstein
found when they discovered that photons (light particles) have a
tendency to travel together versus act randomly ~ which eventually led to the
discovery of the laser.

It is also
the same urge to unite that Teilhard de Chardin speaks of when he wrote ~ If there were no real propensity to unite , even at a
prodigiously rudimentary level, indeed, in the molecule itself ~ it would be
physically impossible for love to appear higher up in the ' hominized ' or
human form .

It is also
the same urge to unite that loved ones feel when they are separated from each
other ~ and the further apart the stronger
the pullto be back together.

This would
also seemingly explain how the urge to unite would increase as the
Universe continues to expand.

As
such, it is a force that is stronger
than Gravity !

Thus, the
one constant of the universe would no longer be light at 186,000 miles per
second for even light particles ( photons ) are subject to this force field of
love ~ this driving urge to unite which exists not only beyond time and
space but also deepest within all matter.

And
this would also explain why mankind is in the process of uniting while we
seemingly are dividing and pulling away from each other.

And
finally, on an individual level, it would explain the evolutionary power of
love, altruism and social cooperation and how we can no longer
resist our innate pull and urge to unite versus separate,
isolate and dominate.

"Physicists call it entanglement, and it
describes the state of two or more particles once they have interacted with one
another. From then on, irrespective of time and space, a correlation will
always exist between them. What happens to one will affect the other
- even if they are now at opposite ends of the universe ...For if matter
emerged from energy in the singularity of the big bang, it would seem to follow
that all the particles of which it consists are in that state of correlation. They
have not become entangled, but at the fundamental level they have never been -
and can never be - separated. "

To further evolve we must love as Teilhard
reminds us (The Future Of Man) “Love has always been
carefully eliminated from realist and positivist concepts of the world; but
sooner or later we shall have to acknowledge that it is the fundamental impulse
of life. Or, if you prefer, the one natural medium in which the rising
course of evolution can proceed……It is through love and within love that we
must look for the deepening of our deepest self, in the life-giving coming
together of humankind. “

In a 2008 interview by TIME magazine, astrophysicist Neil deGrasse
Tyson was asked what he thought the “most astounding fact” about the
Universe was. Never at a loss for words, the famed scientist gave his equally
astounding answer. His response is in the video below, set to images and music
by Max
Schlickenmeyer.

In
summary
~ the great
dawning and, I would add, inevitable realization of psychology, science
and religion is that our separateness is an illusion measured by the state of
our consciousness and that our ultimate reality, once again measured by the
state of our consciousness, is the realization that we are all united and
part of an evolving, loving and indivisible
whole (The Unified Field) ~ and we resist it at our peril.

Very young
children are aware, as I was, of this universal truth and consciousness which
would explain Teilhard's quote ~ "
Till the very end of time matter will always remain young, exuberant,
sparkling, and new-born for those who are willing to love "

As
such, those who we love deeply become part of us forever.

Starting
with my twin and beloved grandfather ~ every person

I
have deeply loved in this lifetime, as well as in past lifetimes, still
lives in my heart. A thread of love
that exists beyond time and space.

Or, as
Longfellow so eloquently writes, "
The thread of all sustaining beauty that runs through all and doth allunite.”

Allen L Roland is a practicing
psychotherapist, author and lecturer who also shares a daily political and
social commentary on his weblog
and website allenroland.com
He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.net

Wednesday, June 6, 2012

Now that the over priced Facebook IPO has come and rightfully
tanked, let’s take a revealing look beneath the over-hyped illusion of the
social-networking website itself ~ but more importantly what its IPO fiasco
tells us about a blatantly rigged stock market, where short term greed still
overrides fairness, and how we all got Zuckered : Allen
L Roland

I’ve never been a big fan or advocate of
Facebook although as a columnist I use it as a publishing platform among many
other publishing platforms. I was asked by the producers of my monthly radio
show ( Truth Talk ) to join in order to broaden their radio
exposure ~ but I spend virtually no daily time on Facebook, probably
know less than 10% of my so-called “friends” and have never clicked on a
Facebook Ad. I’ve also spent 11 years as an Investment banker, some of it on
Wall Street, and know how the Wall Street casino really works.

So anyone who is valuing
Facebook by its user base is obviously counting
"eye balls" that flat out do not exist. More
important...here's some extremely insightful humor, courtesy of the Onion, that
sums up the short and long term prospects of Facebook in 60 seconds...

Photo of Mark Zuckerberg and his overjoyed Facebook insider
friends who made Billions on an inflated bubble that rightfully tanked but at
least lived up to their slogans of “Move fast and break things” and “Done is
better than perfect”.

It's pretty clear now that the FacebookIPO was a fiasco. At an outrageous opening price of
$38 dollars a share ~
it was 100 times earnings “among friends.”

Today it closed at approximately $26.00 dollars
a share ~ a loss of millions to those who bought it at the opening price and
thought it was another google. Before today, the stock
has lost almost 30 percent since it started trading at $38 on May 18.

But yesterday it was also revealed that Facebook
founder Mark Zuckerberg knew company shares were overpriced before the May 18
initial public offering and allegedly quietly dumped around $1 billion in
shares ~ according to TMZ;

“A new lawsuit claims Mark Zuckerberg
pulled a billion dollar fast one on Facebook investors," TMZ reports;
"The class action lawsuit ~ filed by disgruntled Facebook shareholders ~
claims the 28-year-old CEO had inside info that the stock was grossly
overvalued, and he protected his own financial hide by quickly unloading a
ton of Facebook stock."
"This is the second time in two weeks a group of FB shareholders have
joined together to accuse the mogul of withholding information."TMZ did not cite any sources or specific financial details.
"The lawsuit claims Zuckerberg and his cronies
hid the fact that there was a foundational flaw in the Facebook business model
~ that there was not nearly enough advertising revenue to support a stock
valued at $38 a share," TMZ adds.
"The lawsuit claims Morgan Stanley, JPMorgan, and Goldman Sachs ~ all
sounded the alarm before the IPO that Facebook was seriously overvalued, but
that information was 'selectively disclosed' to only the largest investors."Read
more: http://www.moneynews.com/FinanceNews/Zuckerberg-Facebook-Shares-ipo/2012/06/05/id/441194

Here's one guy ( David Weidner )
who wrote 10 Reasons Not To Buy Facebook Before You Buy It Anyway ~ that
got it rightbefore hand and he’s also a user ~ but not a believer ~ who
admits he probably would not pay to use it.

Here’s number 7 ~ which now looks
prophetic as well as the equally relevant number 10;

7)No parents. “ Facebook, it has been said, is a
two-headed company. One head is Mr. Zuckerberg, who builds the products for the
users. Cheryl Sandberg, the chief operating officer, is the one responsible for
making the money. She's also considered the company's unofficial grown-up,
given that she is older than 40 and has worked somewhere other than the college
bookstore, even if it was Google. Together, they've built a nontraditional way
of doing business. No meetings. Small teams. They have unconventional mottos: "Move
fast, break things" is one, and "Done is better than
perfect" is another. This could be a business revolution ~ or the
start of a food fight in the corporate cafeteria. “(10)The ceiling. We may already have
hit it with Facebook's valuation.“Consider that
Facebook's 88% growth rate last year was something the company acknowledged was
"unsustainable." Or that 10% to 15% of revenue comes from ZyngaZNGA and
other game companies that use the Facebook platform. Or everything in this
list: skeptical advertisers, a young management team about to become
amazingly rich, a history of social-network flameouts, deep-pocketed
competition and the privacy issue…. It should give an investor pause, right?

Right, David ~ but it’s all in a day's work for Wall Street's chummy club of Investment underwriters and crooked
auditors who are well versed in making stock market fantasies a reality at
everyone else’s expense.

Here’s the glue that holds it all together
~ "Compliant" auditors (i.e. crooks)

Here’s how it works...Francine McKenna ( author of the Auditors ) explains on
Capital Account with Lauren Lyster that Facebook’s earnings or future earnings
are rightfully suspect with obvious conflicts of
interest;

McKenna explains how auditors (in this case,
Ernst & Young) literally cook the books and that there is more than
enough reason to suspect their accounting methods. She also explains how nobody
had really looked under the hood of Facebook and that CEO’s often make up there
own matrix to explain away losses. This would certainly apply to a non-gap
matrix where management decides and manipulates reported earnings in order to
make their fantasy a reality ~ which appears to most certainly be the case with
Farcebook (Facebook).

Lynn
Parramore correctly writes on AlterNet what the Facebook fiasco tells us about
our rigged Stock market ~ and remember I was part of that scene for over 11
years; “Why does this happen? Well, mostly because the public is playing
a rigged insider game known as the stock market. Generally it goes like
this: An IPO, especially one that has been hyped more than the Second Coming,
makes a load of cash for a select group of inside investors, both those giving
up their shares – people like the founders and the venture capitalists -- and
the privileged group of banks that are underwriting the stock issue. When
the ordinary investor gets to bid for shares on the stock market, the banks
hope to get a big boost in the price, and sail away to their yachts with huge
gains…. Facebook is scrambling to place the blame for the fumbled IPO on
technical glitches at NASDAQ, but it seems that the public is not buying what
they’re selling on that one. No, it looks like Zuckerberg and the
underwriters were just greedy, trying to hustle as much money as possible, the
public be damned.” See article:http://www.alternet.org/economy/155587

Matt
Taibbi, Rolling Stone, definitively nails it when he writes “ I was on the
phone last night with a former hedge fund CEO who was talking about this ~
"Facebook," he said, "is a colossal example of a complete
clusterfuck where everybody wins except the ordinary investor." His
point was that virtually every week now we see stories like this that hint at a
kind of two-tiered market system in which most of the real action takes
place inside an unregulated black-box network of connected insiders who don’t
disclose their relationships or their interests, while everyone else, i.e.
the regular suckers, live in the more tightly-policed world of prospectuses and
quarterly reporting and so on.”

Allen L Roland is a practicing
psychotherapist, author and lecturer who also shares a daily political and
social commentary on his weblog
and website allenroland.com
He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.net

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About Me

I'm a disabled active duty Navy veteran who was born in Boston, Massachusetts, survived a dysfunctional family, pursued and lived my dreams, including being a Navy carrier fighter pilot. I found myself by fully opening my heart, wrote three books, sired four children and I'm still living my ultimate dream by making a difference from a place of celebration and service. My 1998 PhD dissertation on the UNIFIED FIELD was chosen by Noetic Science and Common Boundary as one of the top three world finalists on combining psychology and spirituality. I retired from my private practice in 2014, because of my service connected asbestosis related lung disease, and live in Antioch, California but still remain involved as a featured columnist on Veterans Today and heart centered spiritual consultant and advisor ~ particularly with combat veterans with PTSD as well as others with PTHD ( Post Traumatic Heart Disorder).